Onit Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Onit

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Onit Fast Facts

Revenue	$100 - $500 million    See Exact Annual Revenue
Employees	100 - 500Exact Company Size
Primary Industry	51821 Data Centers & Hosting Services
Address	1360 Post Oak Boulevard, Suite 2200 Houston, TX 77056

Note: Revenues for privately held companies are statistical evaluations.


Onit's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Onit's annual revenues are $100 - $500 million (see exact revenue data)
• What industry is the company in?
  • Onit is classified as operating in the Data Centers & Hosting Services industry, NAICS Code 51821.

Onit Annual Revenue and Growth Rate

Onit	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$100 - $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Onit's revenues are gauged from an analysis of company filings.

Onit's Income Statement (based on Industry Averages)

Onit P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Investor Activity

Onit has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date	Investors	Percent Raised	Target Size
October 24, 2016	16	89%	$9 MM
Complete list of funding rounds and total amounts in the Company Report

Trademark Applications

Trademark applications show the products and services that Onit is developing and marketing. Onit doesn't have any recent trademark applications, indicating Onit is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
MAKE YOUR LEGAL WORK FLOW Software as a service (SAAS) services featuring software for legal and business project management; providing temporary use of online non-downloadable software and applications for online project management and business collaboration in the fields of law and business for legal and business professionals, namely, legal matter management, spend management, electronic e-billing, contract lifecycle management, document storage and workflow management, and electronic signature management; Providing temporary use of on-line non-downloadable software and applications using artificial intelligence for online project management and business collaboration in the fields of law and business for legal and business professionals, namely, legal matter management, spend management, electronic e-billing, contract lifecycle management, document storage and workflow management, and electronic signature management	05/10/2022
MCCARTHYFINCH Computer software and computer hardware for natural language processing, task automation, document processing, data extraction, metadata extraction, question and answer systems, chat bots, customer support, hosting and manipulation of databases; computer application software for mobile phones, tablets, handheld computers, desktop and laptop computers, and server to server communication (APIs), namely, software for database storage of data, document upload, text to speech, resolving legal queries, and text processing; legal software for legal process improvement, document review, legal triage, legal opinion automation, resolving legal queries, drafting documents, data extraction, legal research, and virtualizing legal knowledge and expertise; artificial intelligence software for document classification, clause classification, name recognition, legal issue classification, intent classification, document parsing, logical reasoning, computer vision, machine learning, genetic algorithms, natural language generation, and natural language processing; artificial intelligence apparatus, namely, computer software for legal process improvement, document review, legal triage, legal opinion automation, resolving legal queries, drafting documents, data extraction, legal research, and virtualizing legal knowledge and expertise; Interactive computer software for legal process improvement, document review, legal triage, legal opinion automation, resolving legal queries, drafting documents, data extraction, legal research, and virtualizing legal knowledge and expertise; software utilizing or incorporating artificial intelligence for legal process improvement, document review, legal triage, legal opinion automation, resolving legal queries, drafting documents, data extraction, legal research, and virtualizing legal knowledge and expertise; software for use in the collection, integration, curation, evaluation, and analysis of large data by utilizing natural language processing, computational linguistics, data retrieval, data analytics, and machine learning; computer hardware and software for natural language processing (NLP), computational linguistics (CL), information retrieval (IR), machine learning (ML), computer vision (CV), logical reasoning (R), genetic algorithms (GA), and natural language generation (NLG) that is capable of understanding general human queries and formulating responses through machine learning; computers and their parts; downloadable electronic publications in the nature of legal advice and reports in the fields of law, legal compliance, and risk; electronic databases in the fields of graph data storage, relational data storage, NOSQL data storage, in-memory data storage, archival data storage recorded on computer media	01/17/2018
ONIT Software as a service (SAAS) services featuring software in the field of legal and business project management; providing temporary use of online non-downloadable software and applications for use in online project management and business collaboration in the fields of law and business for legal and business professionals	08/17/2010

See all trademarks and details in the Full Report.

Latest News Releases

Date	Event
May 26, 2017	Onit Plays Strategic Hardball with New Heavyweight Executive Team
May 24, 2017	Onit Announces Strategic Partnership with iManage
Apr 21, 2017	Onit Appoints New CFO to Take Company Through Next Phase of Growth
Jan 31, 2017	Onit Achieves Momentous 2016 Milestones in its Pursuit of Revenue Acceleration, Strategic Growth and New Client Wins

Market Share of Onit's Largest Competitors

A competitive analysis shows these companies are in the same general field as Onit, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
UBER TECHNOLOGIES	San Francisco, CA	100
CONDUENT BUSINESS SERVICES	Florham Park, NJ	31
AUTOMATIC DATA PROCESSING	Roseland, NJ	29
SOCIOS BUENOS	Atlanta, GA	12
BROADRIDGE FINANCIAL SOLUTIONS	New Hyde Park, NY	11
STRATEGIC LIMITED PARTNERS	Grapevine, TX	10
EXPERIAN INFORMATION SOLUTIONS	Costa Mesa, CA	8
HUBSPOT	Cambridge, MA	6
ROKU	San Jose, CA	4

Nearby Competitors

These companies are similar in business line and location to Onit. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
ILAND INTERNET SOLUTIONS	Houston, TX	100
SYMPLR SOFTWARE	Houston, TX	92
ONIT	Houston, TX	22
NETSYNC NETWORK SOLUTIONS	Houston, TX	21
KATALYST DATA MANAGEMENT	Houston, TX	7
FLIGHTAWARE	Houston, TX	6

Future Competition: Onit's Fastest Growing Competitors

These companies are in the same general field as Onit and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)